Independent Assisted Living Facilities

[Richard Licon]

I have read most of the posts regarding Assisted Living facilities, and I have heard Gene Guardino talk about thie venture, it is an area that I have great interest in developing, and it is a great financial venture , more importantly it is helping people of the Baby Boomer generation who are in the millions and getting a lot older, like me, that need this type of assistence. I have been working in medicine as a physician assistant in Internal Medicine with an emphasis in senior health care,  for over 20 years, I see patients in skilled nursing facilities and assisted living facilities every day. I have the expertise in how these facilities are run, I need investors willing and able to fund the land and/or the structure/house and I can run the business side the investor gets the property and the leasing fees. 

I am open to further discussion, I should note that this type of venture should take place in states like Utah or Arizona as working with regulators is much easier than California. It appears to be a great way to get into Real Estate Investing with the extra incentive of helping seniors that we will all soon become. 

[Charlie Claxton]

This is a great thread! It's nice to find other BP users that are interested in assisted living & skilled care facilities. We are currently developing our next project - 68 bed skilled care facility with a 48 bed assisted living phase 2. We are extremely excited to be part of a new generation of operators that will deliver a new quality of care (and quality of life for our residents )...we are building both phases on the Eden Alternative format. Which is very patient /small group centered styles of living that keeps our patients still in charge of their lives.

Has anyone else read into this style of care?